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Pound Dollar forecast - GBP USD

A round up of the latest Pound Dollar forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 19:50:40 Pound Dollar Rate »
GBP/USD -0 Days Low Days High Last Daily
1.33344 -0.34% 1.3332 1.34239 1.33797

GBP/USD Forecast: Pound Sterling Rally Stalls as "Momentum is Overbought"

22 Apr 2025 at 3 PM - Written by Ben Hughes

The Pound Sterling's recent rally against the US Dollar takes a break on Tuesday, with GBPUSD trading flat at around 1.337. "GBPUSD looks to be taking a pause following its impressive 10-session rally from 1.2700," says Shaun Osborne, Chief FX Strategist Momentum at Scotiabank. "Momentum is overbought with an RSI at 71 and the...

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Pound to Dollar Forecast: GBP, EUR Surge as USD Crashes on Trump-FED Spat

22 Apr 2025 at 6 AM - Written by Frank Davies

The Pound Sterling has surged to a seven-month best exchange rate level as confidence in the US Dollar has deteriorated further during the Easter weekend. As well as fears over the economy, Trump’s criticism of Fed Chair Powell has reinforced fears that central bank independence could be compromised and the dollar posted sharp...

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Pound to Dollar Forecast: GBPUSD Bullish to 1.34 for Buyers

20 Apr 2025 at 5 PM - Written by Frank Davies

After an initial retreat, Commerzbank expects the Pound to Dollar exchange rate (GBP/USD) gains to 1.39 by Q2 2026 as the dollar loses traction. ING sees scope for near-term GBP/USD gains, but expects slight losses to 1.30 on a 12-month view as European currencies fail to hold gains. US equities struggled during the week, but there...

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GBP/USD Forecast: Pound Looks to be Overbought Against Dollar

17 Apr 2025 at 11 AM - Written by David Woodsmith

After hitting 6-month highs close to 1.3300, the Pound to Dollar exchange rate dipped to test 1.3200 before rebounding to 1.3240. US equities posted sharp losses on Wednesday before a tentative rebound in futures on Thursday. Scotiabank noted that the Pound is looking overbought but added; “We look to near-term resistance around...

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Pound to Dollar LIVE: 7th Consecutive Daily GBP Gain, "Momentum Remains Bullish"

16 Apr 2025 at 3 PM - Written by David Woodsmith

The Pound to Dollar exchange rate rallied on Wednesday, striking a new multi-month high at 1.32679 amid mounting uncertainty over US trade policy. According to FX strategists at Scotiabank, "GBPUSD’s gains have extended for a seventh consecutive session and momentum remains bullish with an RSI near the overbought threshold at...

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Pound-to-Dollar Rate Now Pushing to 1.34, Sterling's 2024 Best in Sights

16 Apr 2025 at 10 AM - Written by Frank Davies

The US Dollar has been back under pressure in Asia overnight with fresh unease over US-China trade wars and renewed selling in equities. The Pound to Dollar exchange rate (GBP/USD) surged again to fresh 6-month highs close to 1.3290 and held firm despite a slightly softer-than-expected UK inflation reading. According to ING;...

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Pound to Dollar Forecast: Scope for GBP/USD Gains to 1.3290 say UoB

16 Apr 2025 at 6 AM - Written by David Woodsmith

Market fear has eased considerably over the past 24 hours with gains in US equities and bonds. The FTSE 100 index traded 0.9% higher in early trading, maintaining the recovery from last week’s slide. Deutsche Bank commented; “Whilst equities were recovering, arguably a bigger relief for investors was the recovery in the bond...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

GBP/USD Forecast: Pound Sterling Strikes Six-Month Best on UK-US Trade Deal Hopes

15 Apr 2025 at 4 PM - Written by Frank Davies

GBP/USD climbed to a six-month best buy exchange rate on Tuesday, buoyed by a risk-positive market mood and rising speculation over a potential UK-US trade agreement. The Pound exchange rates enjoyed support on Tuesday as investors embraced riskier assets, pushing the increasingly risk-sensitive UK currency higher against its...

CATEGORIES: Pound Dollar Forecasts

Pound Recovers Against Euro and Dollar as Sterling Outperforms G10 Currencies

15 Apr 2025 at 7 AM - Written by David Woodsmith

Pound Sterling advanced against the euro and US dollar on Monday, with GBPUSD striking a fresh six-month high amid ongoing volatility surrounding US trade policy. At the time of writing GBP/USD was trading at approximately $1.3176, up around 0.7% from Monday’s opening levels. "GBP is up 0.6% vs. the USD and outperforming most of...

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Tariff Panic Subsides, Pound Gains vs Euro, Dollar on Foreign Exchange Markets

14 Apr 2025 at 5 PM - Written by Tim Boyer

There are increased hopes on Monday that immediate panic in US markets has subsided. There has been a recovery in bonds, equities and the dollar, a notable reversal from the sharp losses recorded last week. The dollar, however, edged lower again towards the European close. The S&P 500 index is around 1.0% higher on the day while the...

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